Edmonton Housing Market Outlook 2026

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Edmonton’s Inventory Wake-Up Call: A 31% Supply Surge Changes the Game

According to the Realtors Association of Edmonton (RAE), for March 2026, Edmonton’s housing market is sending a clear signal: the days of low inventory and easy selling conditions are fading. A 31.6% year-over-year surge in listings has shifted the competitive landscape, and sellers who price aggressively are still finding buyers, but those who don’t are watching their properties sit.

• The MLS HPI composite benchmark sat at $426,000 (−2.9% year-over-year, +1.5% month-over-month). Detached homes averaged $590,162 (+2.5% annually), the segment holding its ground. Apartments slipped to $212,054 (−2.8%) with the steepest benchmark drop at −6.4%.
• March saw 2,133 sales (−14.0% year-over-year) while inventory surged 31.6%. Overall months of supply sit at roughly 2.2 to 3.0, technically balanced, but trending toward buyer-friendly territory. Apartment days on market stretched to 82, up 17.1% from last year.
• Edmonton remains genuinely affordable by national standards. Entry-level pricing sits well below Calgary’s, let alone Toronto’s or Vancouver’s. Record housing starts in 2025, with roughly 60% in the “missing middle” category, are expanding options for first-time buyers looking for something between a condo tower and a detached home.

Edmonton’s high inventory levels mean you can take your time and shop with confidence. Reach out to a nesto expert to run the numbers on your monthly mortgage payment and see what’s possible.

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Edmonton Housing Market Highlights

• The average selling price of a home in Edmonton decreased by 2.9% year-over-year to $418,500 in March.
• The average selling price of a single-family home in Edmonton decreased by 1.4% year-over-year to $502,600 in March.
• The average selling price of a townhouse/multiplex in Edmonton decreased by 5.9% year-over-year to $278,200 in March.
• The average selling price of a condo in Edmonton decreased by 6.3% year-over-year to $201,300 in March.
• The average rent in Edmonton is now $1,589 for March.
• April 17, 2026: Today’s lowest mortgage rate in Edmonton is 4.04% for a 5-year fixed.

Data from the Realtors Association of Edmonton (REA) indicates that the average price of resale residential homes sold across Edmonton in March was $418,500, and itdecreased of 2.9% compared to a year ago.

REA also reported a sales-to-new-listings ratio (SNLR) of 56%, indicating Balanced market conditions in Edmonton for March.

Composite Home Prices

Single-family Home Prices

Townhouse and Multiplex Prices

Condo Prices

Transactions –  Number of Sales

New Listings

Real Estate Market

The sales-to-new-listings ratio (SNLR) measures the number of home sales compared to new listings. An SNLR below 40% suggests a buyer’s market, where buyers have the upper hand and greater negotiating power. An SNLR between 40% and 60% is a balanced market, while an SNLR of over 60% is considered a seller’s market. 

Annual Changes to Composite Home Prices in Edmonton

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Edmonton Market Rents Snapshot

The average rent in Edmonton was $1,589 for the month of March.

The average rent for a 1-bedroom apartment in Edmonton was $1,288 for the month of March, which decreased by 1.7% year over year.

The average rent for a 2-bedroom apartment in Edmonton was $1,634 for the month of March, which decreased by 1.3% year over year.

Rental Price Changes by City

Rank	City	Total Average	1 Bedroom	2 Bedrooms	Year-over-Year Change
1	North Vancouver	$2,971	$2,462	$3,358	−3.3%
2	Vancouver	$2,715	$2,400	$3,355	−2.2%
3	Burnaby	$2,494	$2,115	$2,750	−9.1%
4	North York	$2,488	$2,112	$2,674	−1.3%
5	Coquitlam	$2,478	$2,116	$2,752	−6.1%
6	Etobicoke	$2,476	$2,128	$2,662	−3.4%
7	Toronto	$2,474	$2,188	$2,838	−3.1%
8	Oakville	$2,454	$2,167	$2,557	−16.9%
9	Kanata	$2,396	$2,238	$2,540	−12.7%
10	Mississauga	$2,360	$2,071	$2,453	−5.8%
11	Burlington	$2,346	$2,061	$2,434	−4.5%
12	Langley	$2,303	$1,974	$2,443	−2.2%
13	Vaughan	$2,290	$2,067	$2,592	−0.2%
14	Kingston	$2,286	$1,925	$2,430	19.6%
15	Scarborough	$2,281	$1,884	$2,378	−5.7%
16	Victoria	$2,255	$1,975	$2,584	−4.3%
17	East York	$2,245	$1,866	$2,536	−4.7%
18	Brampton	$2,239	$1,942	$2,304	1.3%
19	Halifax	$2,235	$2,026	$2,563	0.2%
20	Waterloo	$2,229	$2,066	$2,300	−6.1%
21	Guelph	$2,189	$1,924	$2,248	−8.4%
22	Hamilton	$2,170	$1,853	$2,396	14.3%
23	Ajax	$2,149	$1,909	$2,184	1.2%
24	Ottawa	$2,145	$1,955	$2,457	−4.7%
25	Barrie	$2,140	$1,936	$2,214	−1.4%
26	New Westminster	$2,137	$1,888	$2,718	−1.6%
27	Laval	$2,106	$1,715	$2,367	11.7%
28	Nanaimo	$2,105	$1,843	$2,299	5.1%
29	Surrey	$2,094	$1,818	$2,206	−8.2%
30	Kamloops	$2,078	$1,790	$2,148	1.6%
31	Greater Sudbury	$2,059	$1,886	$2,119	−10.5%
32	Kelowna	$2,056	$1,743	$2,217	−4.6%
33	Cambridge	$2,049	$1,834	$2,089	−4.4%
34	Kitchener	$1,989	$1,775	$2,134	−3.8%
35	Oshawa	$1,985	$1,719	$2,048	−3.8%
36	Brantford	$1,985	$1,794	$2,153	5.6%
37	Peterborough	$1,972	$1,725	$1,994	−1.1%
38	Airdrie	$1,958	$1,475	$1,748	−2.8%
39	Brossard	$1,948	$1,787	$2,010	−13.4%
40	Montreal	$1,938	$1,737	$2,285	2.2%
41	London	$1,911	$1,663	$2,055	−5.7%
42	Niagara Falls	$1,907	$1,690	$2,024	−2.7%
43	Calgary	$1,869	$1,532	$1,848	−4.2%
44	St. Catharines	$1,841	$1,636	$1,929	−1.0%
45	Welland	$1,792	$1,540	$1,973	8.9%
46	Gatineau	$1,732	$1,541	$1,843	−12.2%
47	Sarnia	$1,710	$1,508	$1,793	−4.1%
48	Winnipeg	$1,669	$1,445	$1,786	3.5%
49	Windsor	$1,622	$1,494	$1,784	−7.2%
50	Côte Saint-Luc	$1,605	$1,413	$1,840	−19.6%
51	Red Deer	$1,600	$1,362	$1,565	0.4%
52	Edmonton	$1,589	$1,288	$1,634	−1.3%
53	Saskatoon	$1,532	$1,347	$1,580	4.3%
54	Lethbridge	$1,483	$1,356	$1,558	−0.7%
55	Regina	$1,439	$1,285	$1,530	3.0%
56	Quebec City	$1,420	$1,290	$1,555	−11.6%
57	Medicine Hat	$1,387	$1,225	$1,406	0.8%
58	Fort McMurray	$1,362	$1,181	$1,404	0.5%
59	Lloydminster	$1,194	$1,069	$1,279	2.3%
60	St. John's	$1,143	$1,079	$1,253	5.5%

Average Rent by City
Source: Rentals.ca Network Data & Urbanation Inc.

Rental Price Changes by Province

Rental Price Growth by Housing Type

How Does Renting Compare with Homeownership in Edmonton?

Each $100,000 in mortgage balance costs an average of $528.19 per month on nesto’s lowest fixed 5-year rate at 4.04% and $495.28 per month on nesto’s lowest adjustable 5-year rate at 3.40%.

For each $100,000 in mortgage balance, a 0.25% change in Canada’s policy rate impacts the monthly payment by $13.23. The rates used for calculation are those offered for insured purchases with less than a 20% downpayment and a 25-year amortization. Canada’s policy rate is 2.25%, and nesto’s prime rate is set to 4.45%.

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Frequently Asked Questions (FAQ) About the Edmonton Housing Market Outlook for 2026

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Why Choose nesto

At nesto, our commission-free mortgage experts, certified in multiple provinces, provide exceptional advice and service that exceeds industry standards. Our mortgage experts are salaried employees who provide impartial guidance on mortgage options tailored to your needs and are evaluated based on client satisfaction and the quality of their advice. nesto aims to transform the mortgage industry by providing honest advice and competitive rates through a 100% digital, transparent, and seamless process.

nesto is on a mission to offer a positive, empowering and transparent property financing experience – simplified from start to finish.

Contact our licensed and knowledgeable mortgage experts to find your best mortgage rate in Canada.

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